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Technology Stocks : Compaq
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To: Elwood P. Dowd who wrote (18072)2/25/1998 10:25:00 PM
From: John Koligman  Read Replies (2) of 97611
 
Hi Stephen - Don't think CPQ's rivets have too much slag in them, this looks to still be a tech bargain for the intermediate and long term, unless one believes Dell is the only PC company thats any good out there. I'm certainly not selling unless some fundamentally bad news surfaces. I simply expected the stock to at least *track* the other quality issues in both it's group and the tech leaders, so far, that obviously has not occurred. At some point big buyers will jump in and the stock will do the same. One thing that does bother me is the possibility that CPQ does not run during this rally, but tanks if the market pulls back. That would just stretch the recovery time out even more.

John
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